The U.S. Senate Banking Committee has scheduled its first-ever markup of the CLARITY Act for Thursday, May 14, a move that could permanently reshape the regulatory landscape for digital assets. Chairman Tim Scott is pushing to complete the vote before the Memorial Day recess on May 21, setting a tight deadline for a bill that would explicitly classify Bitcoin, Ethereum, and XRP as digital commodities under the oversight of the Commodity Futures Trading Commission (CFTC).
For XRP, the markup is the catalyst it has been waiting for all year. Ripple CEO Brad Garlinghouse has warned that failure to advance the legislation within the next two weeks could push the issue deep into the 2026 midterm cycle, delaying much-needed clarity. Multiple XRP exchange-traded funds (ETFs) are now live, and institutional inflows have been quietly returning. Adding to the bullish case, Ripple recently completed a live tokenized Treasury settlement with JPMorgan, Mastercard, and Ondo Finance, validating its real-world utility.
Analyst forecasts point to a sharp breakout through key resistance if the bill clears committee, with price targets clustering between mid-single and low double digits. The institutional math, however, remains bounded by mature large-cap metrics, and any delay could cap near-term upside.
Separately, Venice Token (VVV) continues to ride the AI crypto wave, fueled by aggressive token burns, a staking model locking most of the supply, and a user base that now exceeds two million on Venice.ai. A revenue-backed buyback-and-burn program has already removed a significant portion of the circulating supply, while annual emissions cuts have further tightened the float. With capital rotating back into AI narratives, analysts see a path to $25 if current momentum holds, though technical indicators flash overbought after the recent rally.
